1. Bangladesh factories shut down as gas crisis worsens

Bangladesh factories shut down as gas crisis worsens

World

  • Bangladesh’s gas crisis, which intensified from July 21, is forcing factories to cut production, close units and send workers home.
  • The situation worsened after Excelerate Energy’s LNG terminal ran out of inventory, further reducing gas available to industries.
  • More than 300 factories in Narsingdi alone have halted production, while industries in other major belts are also struggling.
  • The industrial energy crisis could cost up to Tk 2,387 crore in lost output daily, according to the Dhaka Chamber of Commerce.

Source: ap7am.com

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